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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (4881)4/13/2007 11:25:11 PM
From: Bridge Player  Read Replies (3) of 5205
 
Frank, the premiums on options on DNDN are indeed lush. Earlier this week I sold a DNDN 25 call on the runup and later a 12 1/2 put on the dip, total premium in excess of 6.50! A profit range of 6 to 31 1/2 at expiration I like.

My guess is that the call is at greater risk than the put. As far as I can find out their drug and approval are the real stuff.

I posted earlier on DNDN on the new covered call board.

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